NEW IRELAND FD (IRL) to Issue Dividend Increase – $0.31 Per Share
NEW IRELAND FD (NYSE:IRL) announced a special dividend on Thursday, June 15th, Wall Street Journal reports. Investors of record on Friday, June 23rd will be given a dividend of 0.3099 per share by the financial services provider on Friday, June 30th. The ex-dividend date is Wednesday, June 21st. This is an increase from NEW IRELAND FD’s previous special dividend of $0.26.
NEW IRELAND FD has increased its dividend by an average of 213.4% annually over the last three years.
NEW IRELAND FD (NYSE:IRL) traded down 0.14% during midday trading on Friday, reaching $14.03. The company had a trading volume of 4,559 shares. The firm has a 50-day moving average of $13.83 and a 200 day moving average of $13.00. NEW IRELAND FD has a 1-year low of $11.07 and a 1-year high of $14.33.
About NEW IRELAND FD
The New Ireland Fund, Inc (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is long-term capital appreciation through investment primarily in equity securities of Irish companies. Under normal circumstances, the Fund invests approximately 80% of its total assets in Irish equity and fixed income securities.
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